Number of Nigerian States Attracting Foreign Investments Hits Three-Year Low
The latest capital importation report reveals a decline in the number of Nigerian states attracting foreign investments to a three-year low in Q4 2023,...
Nigeria’s Foreign Loans Surge to $2.31 Billion in 2023, Making Up 59.1% of Capital Importation
A significant portion of capital importation into Nigeria in 2023, totaling $2.31 billion, was in the form of foreign loans, accounting for 59.1% of...
Senate Calls for FIRS Action on N17 Trillion Tax Waiver Misuse in Nigeria
The Senate's Committee on Finance has expressed disapproval on Monday over Nigeria's N17 trillion loss in tax waivers over the past five years. It...
Nigerian Naira Plunges to Record Low Against Dollar, Sparks EFCC Raids
The Nigerian Naira's value has continued its downward trajectory against the United States dollar on Monday, causing distress among citizens. The parallel foreign exchange...
Abuja DisCo Threatens Disconnection as Government Debt Soars to N47 Billion
The Abuja Electricity Distribution Company (AEDC) is grappling with a substantial debt totaling N47 billion from no fewer than 86 ministries, agencies, and departments...
